“Greedy Swiss bankers”: Possible tax dispute with the USA is looming – Credit Suisse is facing new allegations
Swiss bankers are said to have helped American dual citizens hide their wealth from the US Treasury, according to a new investigation report. What is behind these allegations by a Senate commission based on old documents?
At the height of the tax dispute between Switzerland and the United States, then-CS boss Brady Dougan and legal chief Romeo Cerutti (left) had to testify before a US Senate committee.
Image: Michael Reynolds/EPA
A legacy threatens to catch up with Credit Suisse. The major Swiss bank is said to have violated the terms of an out-of-court settlement that CS had to reach with the US Department of Justice in May 2014.
